Cities
The Thane Municipal Corporation (TMC) is all set to reform property tax structure. Determined to go ahead with its plans to assess property tax based on capital value of structures, the civic body is likely to vie for reforms in the tax structure. TMC’s legal department will file a signed affidavit that is to be [...] Continue Reading »
Nagpur Municipal Corporation (NMC) is on its course to implement the new model of calculating property tax. The proposed model is known as ready reckoner based property tax, which is in reality a capital based property tax. NMC has created various categories of taxpayers according to the respective location of each property. The scheduled general [...] Continue Reading »
Festive season has triggered initiatives to boost home sales. Banks and builders have come up with lucrative offers for home buyers. Several banks have cut rates on home loans by 25-50 basis points and real estate developers are offering discounts on under-construction and ready for possession properties. Bank of Baroda, Allahabad Bank, Central Bank of [...] Continue Reading »
Some Visakhapatnam real estate firms have been accused of resorting to unfair means to collect money from public and duping the public. Promising vacant plots at a cheap price, many real estate firms are either collecting huge amounts in the form of deposits or easy installments as low as Rs 25 per day. Many firms [...] Continue Reading »
Real estate continues to remain top option for Indian investors. Capital appreciation, rent and protection from inflation drive real estate investment and citizens go for second property for all these advantages. A recently conducted survey in Delhi/NCR, Mumbai, Bangalore, Hyderabad, Chennai, Ahmedabad, Kolkata, Pune, Chandigarh, Kochi, Coimbatore and Jaipur shows that out of 1,430 respondents, [...] Continue Reading »
Deccan Chronicle has covered and hailed commonfloor.com and the efforts put by the three visionaries – Sumit Jain, Lalit Mangal and Vikas Malpani, to make it happen. Commonfloor.com, a platform for apartment owners which brings together residents of apartments to discuss issues and sort out problems, was launched in December, 2007. It has become one [...] Continue Reading »
The parks and green belts of Chandigarh seem to be on its way to be maintained again. The resident welfare associations (RWAs) of Chandigarh have shown interest in the municipal corporation‘s offer to maintain green belts and neighbourhood parks. At present around 1,600 neighbourhood parks lie neglected, with Municipal Corporation expressing its helplessness to maintain [...] Continue Reading »
CNBC AWAAZ has announced to hold ‘Real Estate Awards 2012’ to recognize the effort and worth of visionaries and professionals from the real estate industry. The theme for this year’s awards is “Modern Marvel” and it is slated to be held in November. The organisers have called for entrees within September 21. The awards will [...] Continue Reading »
The Brihanmumbai Municipal Corporation (BMC) held a workshop for volunteers of Mumbai’s Ganesh mandals ahead of the Ganesha festival starting from September 19. The workshop is to be held at a civic school at Worli Sea Face. During the workshop, round 250 volunteers will be briefed about crowd management, first aid, cardiopulmonary resuscitation (CPR), etc. [...] Continue Reading »
The Brihanmumbai Municipal Corporation (BMC) has decided to rope in bigger, reputable firms to build roads in the city rather than small-time contractors. The civic body which had tried to bring in bigger contractors previous year but to no avail, has increased tender amounts this year. BMC has come up with three contracts worth Rs. [...] Continue Reading »
